#Tim on a ranting spree?
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Headcanon that Cass’ general solution to her brothers being upset about something is to spar with them. On one level, the physical activity helps them work through the anger. On an another, getting soundly beaten leads to a certain level of humility that lead to them actually talking. It’s also the only time they’ll go all out in a spar which she personally enjoys. She also enjoys beating up her brothers, just a lil.
Cass to her brothers: Get your ass handed to you and maybe you’ll calm down
#this came to me in a dream#batman#batfam#batfamily#cassandra cain#we’re taking about the girl#who faced her fear of death by getting killed#she would 100% see getting beat in a fight#as a good solution to your problems#dick being angsty?#Cass is dragging him over to a mat#Jason seeing green?#Cass is hovering in crime alley until he fights her#Tim on a ranting spree?#Cass has his Bo staff#Damien is just constantly being put on his ass#he doesn’t even look at her and she’s judo flipping him over the coffee table#with love
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Have you ever found yourself trying to write a fic on a fandom where you're mostly versed in through fanfics, fanart and fanon?
And so you start writing the idea you randomly got and have fun with it and then something minor comes up and you start researching it.
And one bit of detail leads to another and you find yourself thrown in a million different fanon directions and at least ten different canon interpretations.
And you're more confused than ever, and instead of figuring out the random detail you were researching for your little random fic, you end up deep diving into the heart-wrenching drama of the main characters and you're entirely invested in fixing things up for them.
Or how I started writing a Jason-Todd-Getting-High-In-Between-Killing-Sprees short one-shot and ended up psychoanalyzing Jay, Bruce, and Dick.
I'm talking considering actual psychological theories on how they affect each other (Gestalt my beloved), trying to figure out HOW THE HELL JAY ENDED UP IN THE PIT (do enlighten me if you have a straightforward answer ‘cause I've read at least 5 different versions) and ending up making an AU (5k words deep already) where Bruce is not a dick to Jay and is invested in getting him back and doing right be him this time, but of course being Bruce fucks up with his stubborness and self-righteousness. Big brother Dick takes things in his own hands to help Jay before said Jay does something entirely stupid while spiraling out of control and ends up dead again. Tim may or may not end up involved somehow. All the feels. Alfred hugs the shit out of Jay when he sees him for the first time post resurrection. Brothers plotting a very much needed murder of a very hated (by yours truly) villain…
And generally imma slap an AU tag and go batshit crazy with my boys, ‘cause JAYSON TODD DESERVES BETTER! AND SO DOES DICK!
End of rant. The Batfam have claimed me. The fanon and canon have eternally perplexed me.
#dc#batman#batfam#jason todd#dick grayson#batfamily#fanfiction#dc fanfic#dc fandom#bat brothers#dc universe#red hood
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Put a ring on it
I’m not sure what this is, everyone. Had it on my docs for a while, got bored during work and thought ‘what if I just post this?’, and here we are. Basically the Core Four being loving and caring (and spiteful).
Shout out to @animemangasoul who pumped me up about this and @the-quiet-carrotcake and @iphoenixrising for letting me cry to them the Titans loving Tim.
Can be read as either ship or friendship
------.------
When shit went down, Wally and Roy made sure they were nowhere near the planet. A nice little interplanetary fuckery called for anyone free, and both of them had magically clean schedules, so off they went, praying to every god they knew about (and, with how many holy disasters they had faced between them, there were a lot) to be back after the worst of the mess had blown over.
Even if it meant missing the undoubtedly hilarious face Batman would make when he found out. Not even the chance of witnessing that was worth staying and waiting with bated breath until someone pointed out that, in the end, it was both their faults.
-So let me get this straight.
-Difficult for me, but go on.
Wally rolled his eyes, chucking a pillow at his little dude, wondering how Nightwing could do this with not one, not two, but three badly adjusted little brothers (and that without counting the girls, though, to be honest, they already had Babs). Truly, a hero of the ages. Arsenal just cackled from his place in front of the coffee table, where he was keeping them company and cleaning his equipment.
-I’m serious. I’ve never seen you this mad without a bad guy to blame for it.
-Well…
-As furious as you are at them, Bart, they are still the good guys.
-Debatable.
Wally threw another pillow, and Bart, arms crossed and all but vibrating on the couch, didn’t even bother on dodging. Just moved his particles quick enough that the thing went straight through him.
Arsenal raised an eyebrow at them- It’s scary when you do that. Like a freaking ghost.
-It’s scary that Tim’s whole family can be this level of neglectful, but you don’t see me bitching at them.
-Only because you know they’ll give you your ass back to you in a silver platter after they are done whooping it -interjected the older speedster, snack bag on his lap, a few more by the ground at his feet, sitting as close to Bart as the whole ‘don’t touch, I bite’ aura he had around him would allow.
-Kinky.
This time, Wally’s pillow was aimed at the archer. Roy just dodged without looking, still cross legged on the other side of the little table facing the couch.
-Real talk now, it’s not like they are jerks on purpose. We all know the Bats are on a whole new level of ‘always busy’, it’s to be expected they wouldn’t have time for social niceties.
Wally winced, scooting a little further away from Bart when he looked up to glare at Roy. That wasn’t a nice look. That was a ‘I can take you to someplace no one would hear you scream in less than ten seconds’ look.
-My seventeen year old best friend managed to finish high school after having to take a year off to go look for his missing mentor, going through several different mourning processes and dodging a frankly creepy cradle robber of a ninja terrorist, all while kicking ass and taking names, taking care of a huge as hell company, and keeping up the intel guy work for the rest of his shitty family. And he still graduated early. The least they could do after the fuckery he was put through by their collective stupidity would be go as moral support, but no. No, other things are more important than such a big milestone on his life. Fuckers.
Wound down after the rant, Bart dropped back on the couch, shrinking in place, oozing contempt from every pore.
Roy raised his eyes to share a look with Wally. Even if the bro code meant they were contractually obligated to defend their respective best friends, there was undeniable truth to Bart’s statement. Jason had gone on killing sprees for far less than Tim’s situation, and God knows Dick would have showed a big middle finger at his mentor and go off world with the Titans as a protest at the slightest fight. All in all, Red Robin was taking it like a champ.
-Jason’s busy with the Torinelli drug cartel thingie -tried Roy nonetheless, loyal as one could be.
Wally nodded- And Dick had already promised Damian to go on a camping-training trip that weekend...
-Great. So criminals that aren’t going anywhere and the ‘favorite’ demon child are more important than my best friend’s graduation, which isn’t even a long thing, just a couple hours and a few photos. Awesome. Do you happen to know Batman’s excuse? I mean, I’m sure is equally as shitty as his sons’ excuses, but, you know. Variety and stuff.
Wally sighed, because yeah, point. Were it Bart’s graduation, nothing short of the end of the world would have kept him from going, but, again, he only had one little dude to worry about. Dick’s house was full.
-You’ll be there -tried Roy, dropping his arrow back on the table and resting his crossed arms next to it, leaning forward to look straight at Bart-, you and the rest of the brats, right? Supes and Diana’s babies. You guys may not be related like that, but that’s not necessary for you to be family.
Like the Teen Titans were, went unsaid- the older heroes exchanged a glance, reminiscent of their days fighting side by side under Dick’s unwavering leadership. No matter where they were now, that’s where they both came from.
-Yeah -accepted Bart, but the frown hadn’t left his face-. It’s just. His parents are dead, his ‘foster’ bat-family are dicks. He has us, yeah, but… I wished he could have his family there, you know. Like, if I could adopt him, I would, just so he can have that.
Wally dropped the empty snack bag onto the ground and took a new one, tipping it in Bart’s direction as a peace offering- I mean, it’s still a month away, maybe one of them would clear his schedule and go? Probably not all of them, but anything’s better than nothing, right?
Bart harrumphed, hunching even lower in the couch, pout still present.
-If anything else fails -joked Roy, going back to cleaning his stuff-, I hear Kara’s single right now, and Tim’s an emancipated minor. Get them to marry each other, and then your Super friend is technically his brother- or something like that. Political families still counts.
Bart went still for a second, and if Wally were less invested in his snack and more on the thoughtful expression on his face, he might have known ahead of time that his next words were a bad, bad idea.
-And if she’s not on board, you could always ask someone else on your team. Team as family and all that shit, Tim would literally be marrying into the fam. Want some chips?
But Bart was already gone.
-Huh? -blinked Roy- Where'd he run to?
-...
-...You don't think he…
-What? No. No, of course not, they aren't so dumb...
For a horrible second, Roy and Wally crossed eyes again, both remembering the stupid shit they got up to when they were seventeen, and replayed the conversation. Their jokes, that anyone with half a brain would take as that, as silliness. Then came the thought that being stupid was almost a requirement for being a Titan.
With the kind of synchronicity one could only have after fighting side by side for years, they both jumped to their feet at the same time.
-I’ll hit Kori up, maybe she has some alien fuckery to deal with and we can tag along.
-Imma call Supes and let him know we’ll be off planet for a while. Shit, Dick’s gonna flip. He was the big B for a while, he knows stuff. Painful stuff.
-Dude, he at least doesn’t kill. Jay has guns, and it’s his favorite brother we’re talking about.
A shiver went through them when Batman’s reaction came to mind.
-If Kori’s not dealing with something, I’ll ask her to start shit up somewhere far, far away to give us an excuse to leave either way. She’s a goddess like that, she’ll help.
-Good thinking. I’ll start packing.
---.----
The secret meeting was held at one of Tim’s safe houses, because it had enough lead on the walls there was no risk of Superman overhearing them. Not that the owner of the place was aware of it; no one was, besides Cassie, Kon and Bart themselves. Keeping it hush hush was vital for the success of the mission.
-All on board then?
Kon’s smile could light up a town- Hell yeah dude. I’ll take care of getting Tim time off from work. Tam knows me and I’m fairly sure she doesn’t hate me as strongly as she does the bats. Fair warning though, she might ask to come with.
-She’s cool, so I’m in. We’re gonna need a witness anyway.
Cassie nodded, fierce smirk and challenge in her eyes- This is gonna piss so many people. Hey, do you think if we let Oracle in the know she’ll give us footage of the bats' faces when they find out?
Bart bit his lip- As crash as that would be, I don’t think it’s worth the risk.
Cassie deflated, but then shrugged it off- We’ll ask Tim, then. He’s as good as her with hacking, I’m sure he’ll figure something out.
-If he doesn’t kill us first, you mean.
-Don’t be a coward, Kon. I thought you were in.
-I’m not saying I’m backing down, just that we should put our business in order in case he snaps and murders us in cold blood. I know he has it in him, if pushed the right ways.
She nodded, because point. The almost feral look on her face wasn’t gone, though- Worth it. I'll be in charge of clothes. You reckon there's any chance I can get a dress on him?
-Sure, if you want him to actually break his no kill rule.
-Fine, but he's wearing white anyway. It goes well with his skin tone.
Bart extended his first for her to bump- Now you're talking. I'll be the extraction man and take him to the place.
Kon crossed his arms, looking conflicted for the first time- We can't go the classic way about it, because a fake name would mean he won't take seriously what we're trying to do, and if we use his real one in a formal document, it'll hit the news before the ink has a chance to dry. And then he'll kill us for sure.
-You're awfully worried about him drawing blood, Blue. What gives?
-He's scared shitless of Cassie and you're too adorable to hurt, but me? I'm the one he's gonna focus his rage on, and you know how he gets when at his limit.
Cassie snorts- He can't live without you, you dork. I think we are all safe. And anyways, the plan is to make him too drunk to walk on a straight line, he wouldn't be able to hurt us.
-You say that -interjected Bart, getting up from where he was crouching above their carefully spread, color coded sheets of plans; Tim would be so proud- but I've seen the dude drop kick someone with a broken leg once. He can fuck shit up no matter the situation.
-True… still, we are doing it, right?
-Oh yeah, for sure, I just wanted everyone aware that it might be our last big bang.
-Then we better make sure it's one hell of an explosion, am I right?
-Hell yeah.
-This is gonna be so crash!
----.----
The entire thing had gone something like this.
On friday, Tam made Tim turn around and head back home the second he showed his face at the office, claiming the bags under his eyes clashed terribly with her new Prada handbag and she’d rather had it than him around. In Foxspeak, it meant ‘go the fuck to sleep or so help me God’. Tim would have fought back just on principle, but Tam had him at a standstill, because the spleen thing could very easily reach Alfred’s ears if he crosses her, and no one (him) wants that. As if to make sure he would obey, she demanded they share the car that would take her to the airport (did she have some meeting out of Gotham? He couldn’t remember) and dropped him at his Perch on her way there.
He wasn’t actually planning on sleep, maybe work some of his cases from home, start patrol early, possibly tracking Jason down to offer his help for the drug cartel thing. Confused by the unexpected way his morning had gone so far, he was woefully underprepared for a flash of red and yellow to whisk him from his living room the second he put his carrier bag on the ground.
It was only years from using his team as glorified uber drives what kept him from nerve striking Bart on reflex. Knowing whatever he asked would be lost to the background sound of super fast travelling, he merely slumped over the thin shoulder he was thrown over and waited till they reached their destination.
Which… he wasn’t expecting Vegas.
The next few hours were a blur of his team explaining they had planned this gateaway as an early graduation party, hugs and a few grateful tears on his part, and booze. So much booze. He was trained by Batman, he had a bigger than average resistance to… well, everything, and still, he got so, so wasted.
Saturday’s hungover was cured with more booze. They hit casino after casino, danced over tables, payed a bar owner to close for the night and let them work their way through his entire supply, went to some neon party at someone’s exceedingly large hotel suite (the guy wasn’t getting his deposit back), his cellphone was thrown on a fountain after Cassie got sick of it going off again and again with Dick’s predetermined ringtone, drank some more, were kicked out of yet another casino...
At some point Tam appeared (a very drunk Tim had hugged her and spun her around so fast her stilettos went flying and almost blinded someone), and they all went back to the hotel, where Kon basically manhandled him into a white suit. More booze when Tim started asking questions, followed by a two hour long stay at some park were Cassie, Bart and Kon took turns holding his hand, and then each others’, with Tam saying something about bonds, and family, and sickness, and health in the background, Kon muttering something in kryptonian and making Tim repeat it, Cassie dropping to one knee and sprouting some Amazonian speech, Bart jumping on his back after his own speech (futuristic laws and all) was done, then more booze, partying and….
Well, everything was a blur, before and after that.
They woke up saturday morning with the worst headache, in a undignified puppy pile back at their suit, minus Tam who apparently had her own room. Kon’s TTK took care of the blinds and Tim blinked awake at the sound (Robin instincts), looked at his sleeping friends and then went back to sleep, head pillowed by Bart’s butt, with Cassie’s knee denting his ribs and Kon’s arm thrown over his neck, completely disregarding the three rings hanging from his shiny new necklace.
That was a problem for sober Tim to solve.
---.----
Monday morning, Tim went back to the office, Tam by his side, acting like everything was perfectly fine.
Dick called after lunch asking about his whereabouts that past weekend, claiming he was missed during patrol, but backed down when informed he was actually relaxing with his friends. Bruce didn’t ask, probably had tracked him down the second he couldn’t find him and let him be after realizing he was at Las Vegas.
Everyone that saw them walking down WE’s hallways would have swore a trail of classic music followed them, graceful and elegant.
In Tim’s mind, however, the background sound was the kill bill sirens and blaring red lights.
Tam felt like a queen, coming back after conquering treacherous lands.
Tim felt like Jason may have been onto something when he died.
----.----
When the Big Day (capital letters included) arrived, and Tim got into the stage to accept his diploma (Honor Student, of course), his eyes automatically went to the loud, rowdy teenagers, sitting as close to the front as possible, cheering and smiling.
He was far enough that it could’ve been a trick of the light, but he thought he could see all three of them going misty-eyed. His own eyes watered when he shook the headmaster's hand and posed with his diploma for the cameras (Wayne Heir Graduating would be trending on every magazine by dinnertime), his friends never stopping yelling his name.
When the time came to throw the little hats, he catched by the corner of his eye how Bart held both Cassie’s and Kon’s hands, keeping them from flying in their emotion. If one paid close attention, their feet actually were floating juuust above the ground. They were just so genuinely excited for him, it was… it was amazing.
After as little smalltalk as possible with his classmates, he sneaked away into some hidden spot, away from prying cameras, and waited. Sure enough, his best friends were there barely ten seconds later, and using that same speed, they swept him off his feet. Bart was the first, latching to his front, Kon a close second jumping on his back and hugging his head. Cassie, ever the showoff, threw her hands around the three of them and spun them around as if they weighted nothing to her. That was probably the case.
-You did it, you did it, you did it!!!! Oh my god, this is so crash!!!
-Not that we had any doubt, with that big brain of yours. Making a girl so proud.
-Speak for yourself. Personally, I feared the worst. This is Gotham, after all.
-But nothing happened! And you GRADUATED!
Tim let out a laugh, allowing himself to just feel joy. Letting them see him like that, as payment for being the most awesome friends (family) in existence, he returned the hug, squeezing back as strongly as his non meta arms could.
Then, a voice behind them that he absolutely didn't expect- Congratulations, Master Timothy.
Without letting any of them go, Cassie turned around, so they could all see Alfred Pennyworth, in his Sunday’s best, looking proud and warm, his eyes glazed over with nostalgia when they landed on his young charge. One of the young men he had the honor to watch grow into the amazing person he was today.
Even more surprising, he held a tablet on his arms, screen facing them, with a familiar figure there, white streak and leather but no firearms, probably cautious of possible civilians around.
-Hey, baby bird. Sorry ‘couldn’t be ther’ p’rsonally. Hope ya don’t mind me an’ Alfie crashing like this.
-A-Alfred? Jason? What… I thought you were in Russia!!
The man on the screen scratched the back of his head, visibly uncomfortable but determined.
-Am, actually. But it’s yer big day, babybird. Wouldn’t missit for the world.
Tim’s already watery eyes just overflowed.
-----.----
It took a month for shit to hit the fan. Tim was honestly impressed, because things rarely went his way, and getting more than a few hours to mentally prepare for Disaster? Unheard of. What a shocker.
When it did went down, it was in large part because he was milking the ‘no metas in Gotham’ rule that kept his team at bay and allowed him to go days without sleeping. Kon would say it was karmatic retribution for ignoring their orders to relax and take it easy. He would protest, but really, how to deny the truth; if not for his sleep deprivation, his secret would have gone a lot longer without being unveiled.
Between hacking into Lexcorp, running the dna samples he took during patrol half an hour ago on the database and finishing his report of the night, he was out of fucks to give. Damian bitching on his ear was the last drop.
-...And your mere presence here is an insult to Grayson's legacy. He founded it, Todd died for it, what did you even contribute to it?
A slow blink. Tim was aware his brain to mouth filter was as good as gone, but tired as he was, he just didn't care.
-Besides providing the brains on this whole fucking operation? Pants, I guess. Common sense. Ninja skills commended by your own grandfather, the king of ninjas. Virtue, too, since Dick is a verified hoe and Jason slept with your/
-C'mon Timmy -cut in Dick, Nightwing suit halfway down his chest, when Damian's face was turning an alarming shade of blue- aren't you a little old to be fighting a kid?
-Who are you calling kid?!
Typical, big bro to the rescue. Tim was too tired to be disappointed that once again Dick was siding with an eleven year old bully that kept harassing Tim. Never mind that he had been minding his business before Damian came to bark at him.
-Boys -chided Bruce and, huh, Tim had said that out loud. Whatever, not like it wasn't true. Fuck them.
-Fuck you -he told… Bruce? Dick? Definitely Damian, too- all.
-Tim! -gasped Dick. Still half naked. Standing right by Damian's side.
That kid was going to have a very uncomfortable sexual awakening any day now.
-SHUT UP, DRAKE! YOU ARE DISGUSTING!
Wow he really needed to stop talking out loud.
-Tim -And now Bruce was walking towards them, frown firmly in place- you are obviously too tired, if you can't control what comes out of your mouth. Go to sleep.
Tim hissed at him. Dick looked too shocked to answer but Bruce, somewhat used to that reaction of the sleep deprived teen, loomed even more.
-I'm an emancipated adult. I control your company. I live on my own. You're not the boss of me.
Now even Damian was looking at him open mouthed. Whatever. The computer pinged with his results, just as his phone did with his 'The hubbies and waifus' group chat.
-What's gotten into you, kiddo? -now Dick was worried, throwing an arm around his shoulders. Still half naked, that was an important detail.
Tim shrugged him away.
-Fucking demon spawn coming from nowhere to fuck with me just for the hell of it puts me in a bad mood, I'm weird like that -he deadpaned, replying to the group chat one handed- And the rest of this fucked up team siding with him just because he's a bad word away from a violent psychotic break doesn't help. Fuck off and let me do my shit, and I'll be out of your hair before you know it.
And then, with a sneer, ignoring both Bruce's and Dick's flabbergasted expressions, Damian said what would be Tim's down fall.
-Go to hell, Drake.
A ping made Tim look down at his phone and he replied without thinking, one hand tapping away at the screen- Wait, let me ask my wife.
A beat of silence. One sneer, one grunt, one surprised gasp.
Bruce made a half step towards him- Tim, what/?
A ping.
-She says no. Hang on, let me get you a second opinion, just to be safe.
-Timmy, what do you mean/?
Another one.
-Husband number one says no, too. Husband number two hasn't replied, probably asleep or traveling somewhere, but two already win by majority. It seems it's a ‘no’ on going to hell for me. Bummer, it would have been funny seeing your homeland, brat.
-...
-...
-...
-Aaaaand that’s my cue to interrupt -announced a new voice above them all. Kon, phone at hand, looked down with half amused, half guarded expression-. Someone hasn’t held their end of the deal and slept eight hours, huh, bud?
Tim, ignoring his family that hadn’t yet recovered from the bomb, shrugged- I slept eight hours. This past week. You never said they had to be consecutive hours.
The super just sighed and landed long enough to haul a too tired to resist bird in his arms- I can see you aren’t getting any sleep in Gotham. Let’s go back to the Tower, Cassie wants us to see The Princess Bride with her again.
-Don’t lie to me, you liar.
-Bart wan/
-Look at my face and tell me the truth.
-Okay, I want to see The Princess Bride again -he conceded, taking flight towards the closest exit, sleepy bird cocooned in his arms and TTK- Later, bats!
-...
-...
Finally, Dick snapped back to reality, although the background noise in his head was one would expect in suspense movies right before the assassin jumped a unsuspecting protagonist- ...did he say ‘husbands’? As in, married?
-...
-AS IN MORE THAN ONE?
----.----
#Tim drake#kon el kent#cassie sandsmark#bart allen#tam fox#bruce wayne#dick grayson#jason todd#damian wayne#Alfred Pennyworth#core four#crack wedding
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Recap of what SJWs have destroyed: -Ghostbusters 2016 reboot flops. No sequels ever. -Ocean's 8 flops. -Marvel Comics quality continues to drop. -The Last Jedi is divisive. -Solo flops as a result of TLJ. -Battlefield V pre-orders are weak. -SW Resistance downvoted. -Thundercats Roar trailer on private. -She-Ra reboot is instantly hated. -Jessica Price deservedly fired for being unjustifiably hostile to a customer. -Ruby Rose bullied by feminists for not being "gay enough" to play Batwoman. -Total Biscuit's death celebrated by games developers. -Crunchyroll disables comments. -Scarlet Johansson leaves transgender movie role after being constantly bullied for not "actually being a transgender" (even though transitioning from woman to man was the purpose of the fucking movie). -Kevin Feige says that the future is female. Major red flag due to the comics. -Marvel Comics hires a black woman based on her looks and race, not for talent or merit. -CD Projekt Red employee doxxed because of a harmless joke. -Jeremy Hambly physically assaulted by lunatic. -Comedy Central does a poor attempt (and horribly edited) at a hit piece on Diversity & Comics, which resulted in huge amounts of downvotes all across the board and ultimately removed the video from their YouTube channel later on. -Channel Awesome loses all of its contributers and tons of subscribers after the document was uploaded online. -James Gunn fired from Disney. -Michelle Wolf's Netflix show gets canceled before it even aired. -Disney merges with 20th Century Fox. -Angry Joe has a meltdown. -Mundane Matt gets caught in his lie about not going on a false flagging spree and his racist polar bear videos from 2012 get uploaded. -The Oscars going full SJW was so bad that the ratings plummeted quickly after. -Crunchyroll tries to make their staff for their original series (which started as a mini comic on Tumblr... Yeah...) being all female and "diverse" as some type of selling point. Instead of, y'know, being focused on getting talented people together and make a good show. Fail. -Crunchyroll also disabled likes/dislikes on that same video. So they're on full damage control. -Feminists complained about Wonder Woman's lack of armpit hair. -Anita Sarkeesian and TheMarySue both have a nuclear meltdown about Joss Whedon rebooting Buffy the Vampire Slayer with a black lead. Funny how that works. -Anita also gave the idea of Emily being the main character of Dishonored 2. The franchise is put on hold. -Rian Johnson calls people "manbabies" because they didn't like The Last Jedi. -Years prior, admits he wants to make a film people will love and hate. -Freddie Prinz Jr. tries to antagonize the fans. -JJ Abrams says we are threatened by women. -Star Wars Aftermath author Chuck Wendig goes on an anti-Star Wars fan twitter tirade multiple times. -SJWs vandalized a comic book themed restaurant because they hate Ethan Van Sciver so much that they've labeled him as a Nazi or alt-right fascist and sexist bigot. Tim Doyle consistently tries to paint him as evil. -Brie Larson believes she doesn't need the opinions of "40 year old white men". -The MenAreTrash hashtag. -Chris Hardwick accused of domestic violence against his ex girlfriend. But was proven to be false and he went back to work. It almost cost him his career. -Afterwards, some of the staff for Talking Dead left the show after Hardwick was found innocent and came back. Basically implying that they wished the accusations against him were true. -Rian Johnson removes 20,000 tweets or more after James Gunn's firing from Disney. -The Guardians of the Galaxy staff try to bring Gunn back. -Disney refuses to rehire him. -Dave Bautista goes on numerous rants against "cyber nazis" and angrily attacks Disney. -Rian Johnson (for some reason) brings up and targets GamerGate in order to defend The Last Jedi. -Disney-owned ABC convinces the Academy to make a new category for film dubbed "Best Popular Film." Probably to try and get MCU films to win an Oscar, namely Black Panther. Yeah. Stupid. -A angry group of Zelda fans DDOS'd Jim Sterling because he gave Breath of the Wild a 7/10. Which is not even a bad score. -Chris Pratt was attacked by people for sending prayers to Kevin Smith. -Henry Cavill was attacked by the MeToo movement when he confessed that he was nervous about asking women out on a date in fear of being labeled a rapist. -Unfortunately, Cavill later apologized even though he had no reason to apologize whatsoever because he was speaking the truth. -SJWs get offended by the "mortally challenged" joke found in Doom Eternal. -EA DICE executive Patrick Söderlund leaves the company after Battlefield V preorders were down to 85% and after telling fans not to buy the game if they didn't accept their forced identity politics.
TheRadicalJawa
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Warning! Spoilers for Future State: Shazam #2.
In DC's dark future, Shazam is responsible for killing some of his closest allies. While his evil turn is shocking and completely out of character, Shazam is about to get dark new powers that make him even more of a threat to those who used to be closest to him: The magical hero somehow gained the ability to block on the world's greatest telepaths.
DC's Future State initiative takes place in a dark timeline where both new and old heroes and villains emerge. One of the darkest futures belongs to Shazam, as he works with a small group of heroes including Vixen, the new Question, and Jakeem Thunder. Despite being their leader, something is off about him. In the series first issue, it's revealed that Billy and Shazam were split by Neron (the lord of Hell) in an effort to stop Raven from unleashing the four riders of the apocalypse after it was suggested he can't be in two places at once. However, with Billy staying in Hell to prevent evil from escaping, Shazam appeared to be slowly corrupted by agreement. There a number of mysterious deaths, which evidence later shows were committed by the magical hero. But why would he kill his friends?
Related: Shazam! Director Doesn’t Know What’s Happening With Black Adam Movie
New previews for Future State: Shazam #2 by Tim Sheridan, Eduardo Pansica, Julio Ferreira, and Marcelo Maiolo, show the evil forces are desperately trying to escape, as Billy Batson is the one person who is standing in their way.



On Earth, things aren't going much better for Billy's other half. His fellow teammate's struggle with what to do with the hero. They know Shazam killed some of their friends and have him locked in a magically reinforced room that could "withstand the strength of Hercules." When Miss Martian, one of the greatest telepaths in the universe, attempts to read his mind - she can't. Powerhouse states "I thought you could read everybody," to which the Martian responds, "me too." Shazam has shown some ability before to fight back against telepaths, but against Miss Martian? It's a whole other level. It explains how Shazam avoided detection during his murder spree.

Vixen interrogates Shazam about the deaths of Jakeem, Creeper, Martian Manhunter, and Deathstroke. When the last panel zooms into his eyes, Shazam sees Vixen and one of the beasts currently locked up with Billy. Is this a hallucination or does Shazam now have the power to see the secret darkness lurking in the shadows? Whatever the answer is, it doesn't bode well for everyone involved.
Shazam clearly isn't in control of his actions as Neron - or some other force has been controlling him to commit the deadly attacks. With the cover teasing the return of Raven, it's likely that things for Shazam are about to get worse before they get any better. As for his teammates, without the ability to read his mind, they're pretty much completely in the dark about what's going to happen next - which surely won't be pretty. Future State: Shazam #2 is in comic stores later this week.
Next: Shazam 2: Henry Cavill Won't Appear As Superman
Shazam's Dark New Power Helps Him Murder Heroes | Screen Rant from https://ift.tt/3qktFFb
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Headcanon for cp being best friends with Batman's daughter (or even just Barbara Gordon)? I can totally see them just ignoring the fact that one's a villain and one's a hero to go to lunch together and just have casual girl talk about boys and how annoying their parents were being, etc :)
I actually think in the dceu it would be very hard for them to be friends. Since in canon CP’s parents killed Jason who’s like Barbara’s brother. So if they were to be friends it would have to be when they didn’t know each other’s family and what they had done to each other. I imagine them all going to and meeting at school and becoming friends, and that friendship is like their safe haven from all the madness of their home lives that they keep secret. I hope you don’t mind I went in that direction for the backstory to make it work!
When they go to get coffee together the news is playing on the tv behind the counter. Barbara casually mentions how heroic batman is when she see’s him and CP grinds her teeth and agrees quickly trying to change the subject.
CP mentions how she finds Dick Grayson from school attractive and Barbara smirks too herself thinking of when him and her go out crime fighting later she can put in a good word for her friend.
They go to the Gotham carnival together and are both impressed by how well each other does at shooting games.
Barbara asks her friend why they never go back to her house, CP on the spot makes up a sob story about a bad home life to cover the truth up. Barbara comforts her friend and CP feels so much guilt for the first time in her life for lying.
CP is ranting about how her parents are such mood killers and Barbara laughs agreeing with her not knowing her friend is being literal.
They skip school one day together and go to the mall for a shopping spree when they run into Bruce Wayne, instead of threatening to call their parents he covers their bill for them and let’s them off.
CP goes to Barbara’s house for a scary movie night. They get the shit scared out of them by Tim Drake who sneaked in to watch the movie and jumped out at them.
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Why I hate Batgirl
Okay so this is talking about Barbara Gordon. Not really her more the idea of her...if that makes sense? This is not up for debate either. I may come to like her later but screaming your views of her is not going to change my mind. Half of the reason I don’t like her is because of her fan base. If you like her and want to hear why I don’t, keep reading. Mind that since I DON”T like the character I do not read her comics. What I know is from what I have read or heard about in some cases.
So 1 She’s not the first. Let’s get this out of the way. Yes, Barbara is not the first batgirl or the first female partner to the batman. That goes to Batwoman. Ms. Kane had a niece Betty Kane who was the first batgirl. She was added to prove Bruce and Dick weren’t gay for each other. Katherine Kane is gay, so this is funny to me. My point, she’s not the first. That gone we can move on.
She started off as Bruce’s love interest. As she was 25 or so and taught HERSELF how to fight after a run in with Bruce and the Batman. She took it on for fun as her life was boring.
1 She was using Bruce’s love of rare books so she could keep him close. It makes her seem selfish, as she doesn’t care for HIS welfare only her fun.
2 I have a hard time here. This is later re-written as her being 18 to robin’s 15 but this needs to be stated. PICK A DAMN AGE. Now she’s 21 maybe? But it ticks my off. When she became Oracle I believed her to be will in her mid 20′s. Even if you count her as being batgirl for 1 year (if she was 18 when she started) She couldn’t have been in the wheelchair for that long as she NOW got back surgery to walk again. I got off track but the age is a factor.
3 This means she has no real reason to be here. The other batgirls have had hard lives as did all of the robins. She can and has left. She’s not a want to be cop but daddy won’t let her. She’s bored... Or she wants to help people?! you say. No bored. There are many ways to be a hero kids. Dick was a cop and Bruce does open charity work. This is in Dick and others too. But Bruce is shown to be the only person to really handle joker them/ doesn’t like doing it, but feels he most. And Dick was also a cop/spy clearly he likes doing it but also feels he can work with the police and government....Babs? bored. As her father is proof of how she can help within the law.
Robin had a crush on her but this was not how they started in the comics. They did date and broke up (2000-2004) but DC started on this high-school lovers thing. Dick’s long time girlfriend was Starfire from the teen titans.... I’m not going to talk about my love for DicKori. But DC treats the pairing poorly to show favor on Dick x Babs. Dick was written to have cheated on Kori with babs making the Dick/Babs pairing extra awful in my book. It’s not romantic. It’s mean spirited. This wasn’t building up it’s newly added.
DC wanted Dick back with Batman and used BG to do it. Adding things were Bruce and Babs talk about him dating Kori and “it not lasting”..... I could talk about this but maybe later the age rant wasn’t needed but it does bug me. She’s written as jealous.... and unwilling to fight for Dick. Babs goes to see Dick but is met with Kori, she runs off and tells Dick later about it.... *sigh* I feel like this is gas-lighting in a way. He’s dating you now, you do NOT need to talk about his ex. Babs does something like this again with Helena (Huntress) when she finds out they (Dick and Helena) had a one night stand six years before they started dating..... She slut shames her (This is in no man’s land) and gets Black Canary to do it too by lying to her. This romance is making her look bad. She lies again to Helena and at this point I’m like “yeah fuck you”. She breaks up with Dick, and some time before? (Oracle when they dated, Batgirl when she says this) tells him to look for someone else... Why not Kori? She helped him through a lot of his issues when they dated....FOR 10 FUCKING YEARS!!!
The Killing Joke... This is a one shot that was so well loved it become canon. In this she gets shot....I’m not going to lie, I’m numb to this. It’s not sexist that she was shot. The point to the book was to show how 1 bad day can change your life for the worse and staying sane is a lie. Jason was BEATEN TO DEATH. DICK WAS ALSO SHOT BY THE JOKER! No one goes on about gender politics with them. Joker didn’t rape babs either. Alan Moore, the writer has stated this many times. You know who was raped? Dick was raped twice, Jason was stated may have as a child, Tim almost got raped, Bruce was raped and got Damian from it and deadpool but that’s marvel. Never happened to Babs. After this she gets PTSD which many of her fans use when she’s badly written. All of the batfamily should have PTSD in some way. Hell Bruce. The death of his parents left him a such a state that he can’t have real relationships with people, plays mind games with family/friends that could be abusive if you really think about it. And can not live past it or find happiness. This is in no way to make light of people who have gone through this. Any of these things. If you like Babs and find strength in her. I’m happy for you and glad something good came from this. But this does not give her a free pass. It takes away her agency for HER actions. She lied, she was controlling, and selfish. She hurt others people and NEVER said she was sorry for it. (I’m talking about her, Kori and Helena) Dick tried to help her and she pushed him away even when he was hurting. (Dick has gone through a lot) Just because something bad happened to you, it does not give you the right to hurt other. Helena didn’t like being lied on, to and treated the way barbara treated her.
Even when she’s out of comics EI the cartoons she’s pretty damn awful and in everything.
People need to let the PTSD thing go. As a character you like? shouldn’t have to live with it forever. There are so many character who have gone though worse. Cassie, Steph, Tim, JASON!!! Dick. Bruce. They all should have it. But there is so little to her character that people treat it like it’s the only thing. Starfire was a freaking slave who watched her parents die, her sister tried to kill her AND was so upset by the death of her friend and break up with Dick, she left the planet... Tim lost his dad, Bruce and Conner. And let Jason loose to go on a murder spree. All of their lives sucks. All of them her gone through hell. No one pats them on the back.... Shiro from Voltron, Sasuke Uchiha, Katnis.... all characters with PTSD. I don’t hate it in fiction. I hate it being handle poorly or over and over again. OR it becoming the only thing to a character. I’m going in circles.
What I have read/seen doesn’t make me what to read/watch more. These are some of the things she has done and everytime I think of her I go back to some of these things. Dick was wrong for cheating on Kori, Babs knew. I’m not sticking behind “girl power” if she can’t even respect another woman/women...
It’s the unfair treatment of other characters and way her fan base treat her. Batwoman needs more love and respect. “I’m too smart for grayson” Fuck you, babs~
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Mnuchin to face a brutal grilling
Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. To learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services, click here.
Mnuchin preview — Treasury Secretary Steven Mnuchin is in for a brutal grilling this afternoon before the House Financial Services Committee. MM spoke to Cap Alpha’s Ian Katz about what to expect: “[Dems] are going to be very aggressive. They haven’t really had a shot at him like this. And we’ve got the tax return issues and sanctions on Russia and the Fed nominees.
Story Continued Below
“I do think the GSEs will come up and how hard they are going to push on that. These hearings are rarely about international issues [as they are billed to be]. To be a success, Mnuchin will just have to not say anything that angers President Trump, which means he is certainly going to anger committee Democrats.” (Mnuchin testifies early in the day before House Appropriations subcommittee)
Could the GOP stand up to Trump on the Fed? — Our Victoria Guida writes here about the possibility that Senate Republicans, who generally give President Trump what he wants, could draw the line at his efforts to influence Federal Reserve policy:
“[I]nterviews with numerous influential Republicans in the Senate and House show an overwhelming faith in the Fed under Powell.”
Is the Fed in full retreat? — Tim Clark, who started the stress tests for Too Big to Fail banks at the Fed writes in a new POLITICO op-ed that the central bank is unilaterally disarming: “After nine years of pitched battle with the banks over stress tests, the Fed has decided to retreat and, in the process, weakened its capacity to hold them accountable for dangerously bad practices.” Read more.
** A message from the Financial Services Forum: · Achieving the American dream requires a strong financial partner. Whether it’s buying a car, closing on a new home or simply saving for the future, large U.S. banks are a stable source of credit for families and consumers. Learn more. **
GOOD TUESDAY MORNING — Well, that turned into quite an NCAA title game! Congrats to UVA and POLITICO’s Marty Kady! … Email me on [email protected] and follow me on Twitter @morningmoneyben. Email Aubree Eliza Weaver on [email protected] and follow her on Twitter @AubreeWeaver.
THIS MORNING ON POLITICO PRO FINANCIAL SERVICES — Victoria Guida on the Federal Reserve’s proposal that would give large banks more time to update their contingency plans for how to break themselves up in the event of bankruptcy. To get Morning Money every day before 6 a.m., please contact Pro Services at (703) 341-4600 or [email protected].
HAPPENING TODAY — POLITICO PLAYBOOK authors JAKE SHERMAN and ANNA PALMER’s new book “The Hill to Die On” is in stores everywhere today. They will sit down with NYT’S MAGGIE HABERMAN tonight at Community Theater in Brooklyn at 7:30 to talk about the book, and news of the day. The event. Order the book.
MM RANT SECTION — Via Wall Street veteran and Brown economics professor Larry Rand: “As for Bernie and AOC, how can you support MMT yet rail against the so-called “bailout” of the financial system in 2008-2009? What hypocrisy!”
President Trump meets with Egyptian President Abdel Fattah el-Sisi … House Financial Services subcommittee has a hearing at 10:00 a.m. on the Community Reinvestment Act … Mnuchin testifies before the full Financial Services Committee at 2:00 p.m. … NFIB small business report at 6:00 a.m. expected to tick down to 101.6 from 101.7.
EARLY BANK HEARING PREP — Tons of chatter already about Wednesday’s big bank CEO hearing. Via Compass Point’s Isaac Boltansky: “If you are looking for a nuanced consideration of the regulatory regime for the nation’s largest banks, we recommend looking elsewhere. This hearing is likely to be more politics than policy given the combination of bright lights and populist undercurrents.”
MM EXCLUSIVE FIRST LOOK — Better Markets will be out today with a report ahead of the hearing entitled: “The RAP Sheet for Wall Street’s biggest banks’ crime spree.” Per release: “The Report released today details, for the first time, that, of the more than $29 trillion in total bailouts, the six biggest banks in the country (Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo) received more than $8.2 trillion, or nearly one-third of the total bailouts provided to the entire financial system” Full report.
The bankers will argue by contrast that they are much better capitalized and that post-crisis regulatory reforms have done nothing to make the system less safe. They will also argue that record profits does not mean more risk.
POLL BLAST: BIDEN STILL ON TOP — Our Steven Shepherd: “The spate of negative stories about Joe Biden’s interactions with women hasn’t upended the former vice president’s standing as presumptive 2020 Democratic frontrunner, according to the first national poll of the presidential field conducted since the controversy erupted.”
More on Mnuchin — Larry Summers in WaPo argues that the IRS chief has to release Trump’s tax returns and Mnuchin must not stop him.
Via CAP’s Gregg Gelzinis: “Secretary Mnuchin should be held accountable for casting aside the FSOC’s mission by deregulating the remaining nonbank SIFIs, making it more difficult to use the Council’s tools, and dismantling its institutional capabilities from within. The financial system is less resilient today as a direct result of his actions.”
S&P 500 EKES OUT GAIN — AP’s Stan Choe: “U.S. stock indexes took a round trip Monday, erasing their early-morning losses to end the day close to where they started. The S&P 500 eked out a small gain, enough to prolong its winning streak to eight days, its longest in a year and a half. But the Dow Jones Industrial Average ended lower due to another big loss for Boeing. ”Read more.
FAANG’S RALLY HAS INVESTORS CASHING OUT — Bloomberg’s Sarah Ponczek: “After a three-month rally that’s added more than $800 billion to the value of FAANG stocks, individual investors have decided it’s time to cash out of the high-flying names..” Read more.
PINTEREST SEEKS $11.3B VALUATION — FT’s Nicole Bullock, Hannah Murphy, Richard Waters and Tim Bradshaw: “Online scrapbooking site Pinterest on Monday said it planned to raise as much as $1.3 billion from investors at a valuation of up to $11.3 billion, below the price of its most recent private share sale. The deal could prove to be an ominous sign for Wall Street’s interest in new tech listings” Read more.
A GROWTH SURPRISE COULD SHOCK MARKETS — WSJ’s Paul Davies: “Recession fears have captured the markets’ attention in recent weeks, but some investors say the bigger impact could be a surprise return to growth. In fact, slowdown risks may be fading already, as recent data pointed in a healthier direction for China and the U.S., the dominant forces in the global economy.” Read more.
FED REBUTS TRUMP — CNBC’s Jeff Cox: The Federal Reserve is rebutting … Trump’s assertion that tightening monetary policy is hurting the economy. In a paper published Friday, the St. Louis Fed said the central bank’s move to reduce the level of bonds on its balance sheet — ‘quantitative tightening’ as it has become known — will not have any noticeable negative impact on growth.” Read more.
MORE NAFTA, MORE PROBLEMS — Bloomberg’s Josh Wingrove: “Canada is ratcheting up pressure on the U.S. to lift tariffs on steel and aluminum — threatening to hold up the new continental trade deal and change up its own retaliatory tariffs to have a bigger impact.” Read more.
GOLDMAN PUSHES DIVERSITY EFFORTS — Bloomberg’ Sridhar Natarajan: “Goldman Sachs Group Inc. is expanding the mandate of a diversity initiative it rolled out last year to include people of color as it looks to channel more money toward under-served entrepreneurs.” Read more.
SEC CHIEF RAISES CONCERNS ABOUT RISKY LENDING — WSJ’s Gabriel Rubin: “A top markets regulator said he was concerned about the growth of loans by banks to highly indebted companies, joining other policy makers who have highlighted risks that leveraged loans could pose to financial markets. Read more.
FED LOOKS TO CHANGE BANK REGS — AP’s Martin Crutsinger: “The Federal Reserve on Monday put forward two proposals to modify regulations put in place after the 2008 financial crisis that the banking industry complained were too restrictive. The proposed regulatory changes were approved on a 4-1 vote with Fed board member Lael Brainard opposing the changes. She said they ‘would weaken important safeguards’ put in place after the crisis..” Read more.
GOLDMAN WEIGHS ‘WORLD WITHOUT BUYBACKS’ — Bloomberg’s Lu Wang: “With political scrutiny of stock buybacks growing, Goldman Sachs started assessing an extreme scenario: ‘a world without buybacks.’ The picture doesn’t look pretty. That’s because corporate demand has far exceeded that from all other investors combined, according to strategists led by David Kostin. Since 2010, net buybacks averaged $420 billion annually, while buying from households, mutual funds, pension funds and foreign investors was less than $10 billion for each, Federal Reserve data compiled by Goldman showed.” Read more.
Transitions — Leigh Farris will be global head of corporate communications at The Carlyle Group. She previously was a managing director at Goldman Sachs.
NEW ON THE BOOK SHELVES — Investor David L. Bahnsen’s new book “The Case for Dividend Growth – Investing in a post-crisis world” is available now on Amazon … The latest book from the Mercatus Center’s Tyler Cowen “Big Business: A Love Letter to an American Anti-Hero” is also out now on Amazon.
TRUMP TO NOMINATE NCUA CHAIR — Per release: President Donald J. Trump has designated Rodney E. Hood as the eleventh Chairman of the National Credit Union Administration Board. Read more.
** A message from the Financial Services Forum: The Financial Services Forum represents the eight largest and most diversified financial institutions headquartered in the United States. Our banking institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities. We foster deep and liquid capital markets that allow the U.S. government and private institutions to finance public spending and investment. Our banks have substantially increased our capital and liquid resources, and worked with regulators to significantly enhance the safety of the financial system. America’s largest banks are strongly positioned to support U.S. workers and businesses. Learn more about the Forum and how our members’ 1 million employees serve our economy and communities. Follow us on Twitter @fsforum, LinkedIn, and online at: www.fsforum.com. **
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Mnuchin to face a brutal grilling
Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. To learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services, click here.
Mnuchin preview — Treasury Secretary Steven Mnuchin is in for a brutal grilling this afternoon before the House Financial Services Committee. MM spoke to Cap Alpha’s Ian Katz about what to expect: “[Dems] are going to be very aggressive. They haven’t really had a shot at him like this. And we’ve got the tax return issues and sanctions on Russia and the Fed nominees.
Story Continued Below
“I do think the GSEs will come up and how hard they are going to push on that. These hearings are rarely about international issues [as they are billed to be]. To be a success, Mnuchin will just have to not say anything that angers President Trump, which means he is certainly going to anger committee Democrats.” (Mnuchin testifies early in the day before House Appropriations subcommittee)
Could the GOP stand up to Trump on the Fed? — Our Victoria Guida writes here about the possibility that Senate Republicans, who generally give President Trump what he wants, could draw the line at his efforts to influence Federal Reserve policy:
“[I]nterviews with numerous influential Republicans in the Senate and House show an overwhelming faith in the Fed under Powell.”
Is the Fed in full retreat? — Tim Clark, who started the stress tests for Too Big to Fail banks at the Fed writes in a new POLITICO op-ed that the central bank is unilaterally disarming: “After nine years of pitched battle with the banks over stress tests, the Fed has decided to retreat and, in the process, weakened its capacity to hold them accountable for dangerously bad practices.” Read more.
** A message from the Financial Services Forum: · Achieving the American dream requires a strong financial partner. Whether it’s buying a car, closing on a new home or simply saving for the future, large U.S. banks are a stable source of credit for families and consumers. Learn more. **
GOOD TUESDAY MORNING — Well, that turned into quite an NCAA title game! Congrats to UVA and POLITICO’s Marty Kady! … Email me on [email protected] and follow me on Twitter @morningmoneyben. Email Aubree Eliza Weaver on [email protected] and follow her on Twitter @AubreeWeaver.
THIS MORNING ON POLITICO PRO FINANCIAL SERVICES — Victoria Guida on the Federal Reserve’s proposal that would give large banks more time to update their contingency plans for how to break themselves up in the event of bankruptcy. To get Morning Money every day before 6 a.m., please contact Pro Services at (703) 341-4600 or [email protected].
HAPPENING TODAY — POLITICO PLAYBOOK authors JAKE SHERMAN and ANNA PALMER’s new book “The Hill to Die On” is in stores everywhere today. They will sit down with NYT’S MAGGIE HABERMAN tonight at Community Theater in Brooklyn at 7:30 to talk about the book, and news of the day. The event. Order the book.
MM RANT SECTION — Via Wall Street veteran and Brown economics professor Larry Rand: “As for Bernie and AOC, how can you support MMT yet rail against the so-called “bailout” of the financial system in 2008-2009? What hypocrisy!”
President Trump meets with Egyptian President Abdel Fattah el-Sisi … House Financial Services subcommittee has a hearing at 10:00 a.m. on the Community Reinvestment Act … Mnuchin testifies before the full Financial Services Committee at 2:00 p.m. … NFIB small business report at 6:00 a.m. expected to tick down to 101.6 from 101.7.
EARLY BANK HEARING PREP — Tons of chatter already about Wednesday’s big bank CEO hearing. Via Compass Point’s Isaac Boltansky: “If you are looking for a nuanced consideration of the regulatory regime for the nation’s largest banks, we recommend looking elsewhere. This hearing is likely to be more politics than policy given the combination of bright lights and populist undercurrents.”
MM EXCLUSIVE FIRST LOOK — Better Markets will be out today with a report ahead of the hearing entitled: “The RAP Sheet for Wall Street’s biggest banks’ crime spree.” Per release: “The Report released today details, for the first time, that, of the more than $29 trillion in total bailouts, the six biggest banks in the country (Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo) received more than $8.2 trillion, or nearly one-third of the total bailouts provided to the entire financial system” Full report.
The bankers will argue by contrast that they are much better capitalized and that post-crisis regulatory reforms have done nothing to make the system less safe. They will also argue that record profits does not mean more risk.
POLL BLAST: BIDEN STILL ON TOP — Our Steven Shepherd: “The spate of negative stories about Joe Biden’s interactions with women hasn’t upended the former vice president’s standing as presumptive 2020 Democratic frontrunner, according to the first national poll of the presidential field conducted since the controversy erupted.”
More on Mnuchin — Larry Summers in WaPo argues that the IRS chief has to release Trump’s tax returns and Mnuchin must not stop him.
Via CAP’s Gregg Gelzinis: “Secretary Mnuchin should be held accountable for casting aside the FSOC’s mission by deregulating the remaining nonbank SIFIs, making it more difficult to use the Council’s tools, and dismantling its institutional capabilities from within. The financial system is less resilient today as a direct result of his actions.”
S&P 500 EKES OUT GAIN — AP’s Stan Choe: “U.S. stock indexes took a round trip Monday, erasing their early-morning losses to end the day close to where they started. The S&P 500 eked out a small gain, enough to prolong its winning streak to eight days, its longest in a year and a half. But the Dow Jones Industrial Average ended lower due to another big loss for Boeing. ”Read more.
FAANG’S RALLY HAS INVESTORS CASHING OUT — Bloomberg’s Sarah Ponczek: “After a three-month rally that’s added more than $800 billion to the value of FAANG stocks, individual investors have decided it’s time to cash out of the high-flying names..” Read more.
PINTEREST SEEKS $11.3B VALUATION — FT’s Nicole Bullock, Hannah Murphy, Richard Waters and Tim Bradshaw: “Online scrapbooking site Pinterest on Monday said it planned to raise as much as $1.3 billion from investors at a valuation of up to $11.3 billion, below the price of its most recent private share sale. The deal could prove to be an ominous sign for Wall Street’s interest in new tech listings” Read more.
A GROWTH SURPRISE COULD SHOCK MARKETS — WSJ’s Paul Davies: “Recession fears have captured the markets’ attention in recent weeks, but some investors say the bigger impact could be a surprise return to growth. In fact, slowdown risks may be fading already, as recent data pointed in a healthier direction for China and the U.S., the dominant forces in the global economy.” Read more.
FED REBUTS TRUMP — CNBC’s Jeff Cox: The Federal Reserve is rebutting … Trump’s assertion that tightening monetary policy is hurting the economy. In a paper published Friday, the St. Louis Fed said the central bank’s move to reduce the level of bonds on its balance sheet — ‘quantitative tightening’ as it has become known — will not have any noticeable negative impact on growth.” Read more.
MORE NAFTA, MORE PROBLEMS — Bloomberg’s Josh Wingrove: “Canada is ratcheting up pressure on the U.S. to lift tariffs on steel and aluminum — threatening to hold up the new continental trade deal and change up its own retaliatory tariffs to have a bigger impact.” Read more.
GOLDMAN PUSHES DIVERSITY EFFORTS — Bloomberg’ Sridhar Natarajan: “Goldman Sachs Group Inc. is expanding the mandate of a diversity initiative it rolled out last year to include people of color as it looks to channel more money toward under-served entrepreneurs.” Read more.
SEC CHIEF RAISES CONCERNS ABOUT RISKY LENDING — WSJ’s Gabriel Rubin: “A top markets regulator said he was concerned about the growth of loans by banks to highly indebted companies, joining other policy makers who have highlighted risks that leveraged loans could pose to financial markets. Read more.
FED LOOKS TO CHANGE BANK REGS — AP’s Martin Crutsinger: “The Federal Reserve on Monday put forward two proposals to modify regulations put in place after the 2008 financial crisis that the banking industry complained were too restrictive. The proposed regulatory changes were approved on a 4-1 vote with Fed board member Lael Brainard opposing the changes. She said they ‘would weaken important safeguards’ put in place after the crisis..” Read more.
GOLDMAN WEIGHS ‘WORLD WITHOUT BUYBACKS’ — Bloomberg’s Lu Wang: “With political scrutiny of stock buybacks growing, Goldman Sachs started assessing an extreme scenario: ‘a world without buybacks.’ The picture doesn’t look pretty. That’s because corporate demand has far exceeded that from all other investors combined, according to strategists led by David Kostin. Since 2010, net buybacks averaged $420 billion annually, while buying from households, mutual funds, pension funds and foreign investors was less than $10 billion for each, Federal Reserve data compiled by Goldman showed.” Read more.
Transitions — Leigh Farris will be global head of corporate communications at The Carlyle Group. She previously was a managing director at Goldman Sachs.
NEW ON THE BOOK SHELVES — Investor David L. Bahnsen’s new book “The Case for Dividend Growth – Investing in a post-crisis world” is available now on Amazon … The latest book from the Mercatus Center’s Tyler Cowen “Big Business: A Love Letter to an American Anti-Hero” is also out now on Amazon.
TRUMP TO NOMINATE NCUA CHAIR — Per release: President Donald J. Trump has designated Rodney E. Hood as the eleventh Chairman of the National Credit Union Administration Board. Read more.
** A message from the Financial Services Forum: The Financial Services Forum represents the eight largest and most diversified financial institutions headquartered in the United States. Our banking institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities. We foster deep and liquid capital markets that allow the U.S. government and private institutions to finance public spending and investment. Our banks have substantially increased our capital and liquid resources, and worked with regulators to significantly enhance the safety of the financial system. America’s largest banks are strongly positioned to support U.S. workers and businesses. Learn more about the Forum and how our members’ 1 million employees serve our economy and communities. Follow us on Twitter @fsforum, LinkedIn, and online at: www.fsforum.com. **
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from RSSMix.com Mix ID 8312273 https://hashtaghighways.com/2019/04/10/mnuchin-to-face-a-brutal-grilling/
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Mnuchin to face a brutal grilling
Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. To learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services, click here.
Mnuchin preview — Treasury Secretary Steven Mnuchin is in for a brutal grilling this afternoon before the House Financial Services Committee. MM spoke to Cap Alpha’s Ian Katz about what to expect: “[Dems] are going to be very aggressive. They haven’t really had a shot at him like this. And we’ve got the tax return issues and sanctions on Russia and the Fed nominees.
Story Continued Below
“I do think the GSEs will come up and how hard they are going to push on that. These hearings are rarely about international issues [as they are billed to be]. To be a success, Mnuchin will just have to not say anything that angers President Trump, which means he is certainly going to anger committee Democrats.” (Mnuchin testifies early in the day before House Appropriations subcommittee)
Could the GOP stand up to Trump on the Fed? — Our Victoria Guida writes here about the possibility that Senate Republicans, who generally give President Trump what he wants, could draw the line at his efforts to influence Federal Reserve policy:
“[I]nterviews with numerous influential Republicans in the Senate and House show an overwhelming faith in the Fed under Powell.”
Is the Fed in full retreat? — Tim Clark, who started the stress tests for Too Big to Fail banks at the Fed writes in a new POLITICO op-ed that the central bank is unilaterally disarming: “After nine years of pitched battle with the banks over stress tests, the Fed has decided to retreat and, in the process, weakened its capacity to hold them accountable for dangerously bad practices.” Read more.
** A message from the Financial Services Forum: · Achieving the American dream requires a strong financial partner. Whether it’s buying a car, closing on a new home or simply saving for the future, large U.S. banks are a stable source of credit for families and consumers. Learn more. **
GOOD TUESDAY MORNING — Well, that turned into quite an NCAA title game! Congrats to UVA and POLITICO’s Marty Kady! … Email me on [email protected] and follow me on Twitter @morningmoneyben. Email Aubree Eliza Weaver on [email protected] and follow her on Twitter @AubreeWeaver.
THIS MORNING ON POLITICO PRO FINANCIAL SERVICES — Victoria Guida on the Federal Reserve’s proposal that would give large banks more time to update their contingency plans for how to break themselves up in the event of bankruptcy. To get Morning Money every day before 6 a.m., please contact Pro Services at (703) 341-4600 or [email protected].
HAPPENING TODAY — POLITICO PLAYBOOK authors JAKE SHERMAN and ANNA PALMER’s new book “The Hill to Die On” is in stores everywhere today. They will sit down with NYT’S MAGGIE HABERMAN tonight at Community Theater in Brooklyn at 7:30 to talk about the book, and news of the day. The event. Order the book.
MM RANT SECTION — Via Wall Street veteran and Brown economics professor Larry Rand: “As for Bernie and AOC, how can you support MMT yet rail against the so-called “bailout” of the financial system in 2008-2009? What hypocrisy!”
President Trump meets with Egyptian President Abdel Fattah el-Sisi … House Financial Services subcommittee has a hearing at 10:00 a.m. on the Community Reinvestment Act … Mnuchin testifies before the full Financial Services Committee at 2:00 p.m. … NFIB small business report at 6:00 a.m. expected to tick down to 101.6 from 101.7.
EARLY BANK HEARING PREP — Tons of chatter already about Wednesday’s big bank CEO hearing. Via Compass Point’s Isaac Boltansky: “If you are looking for a nuanced consideration of the regulatory regime for the nation’s largest banks, we recommend looking elsewhere. This hearing is likely to be more politics than policy given the combination of bright lights and populist undercurrents.”
MM EXCLUSIVE FIRST LOOK — Better Markets will be out today with a report ahead of the hearing entitled: “The RAP Sheet for Wall Street’s biggest banks’ crime spree.” Per release: “The Report released today details, for the first time, that, of the more than $29 trillion in total bailouts, the six biggest banks in the country (Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo) received more than $8.2 trillion, or nearly one-third of the total bailouts provided to the entire financial system” Full report.
The bankers will argue by contrast that they are much better capitalized and that post-crisis regulatory reforms have done nothing to make the system less safe. They will also argue that record profits does not mean more risk.
POLL BLAST: BIDEN STILL ON TOP — Our Steven Shepherd: “The spate of negative stories about Joe Biden’s interactions with women hasn’t upended the former vice president’s standing as presumptive 2020 Democratic frontrunner, according to the first national poll of the presidential field conducted since the controversy erupted.”
More on Mnuchin — Larry Summers in WaPo argues that the IRS chief has to release Trump’s tax returns and Mnuchin must not stop him.
Via CAP’s Gregg Gelzinis: “Secretary Mnuchin should be held accountable for casting aside the FSOC’s mission by deregulating the remaining nonbank SIFIs, making it more difficult to use the Council’s tools, and dismantling its institutional capabilities from within. The financial system is less resilient today as a direct result of his actions.”
S&P 500 EKES OUT GAIN — AP’s Stan Choe: “U.S. stock indexes took a round trip Monday, erasing their early-morning losses to end the day close to where they started. The S&P 500 eked out a small gain, enough to prolong its winning streak to eight days, its longest in a year and a half. But the Dow Jones Industrial Average ended lower due to another big loss for Boeing. ”Read more.
FAANG’S RALLY HAS INVESTORS CASHING OUT — Bloomberg’s Sarah Ponczek: “After a three-month rally that’s added more than $800 billion to the value of FAANG stocks, individual investors have decided it’s time to cash out of the high-flying names..” Read more.
PINTEREST SEEKS $11.3B VALUATION — FT’s Nicole Bullock, Hannah Murphy, Richard Waters and Tim Bradshaw: “Online scrapbooking site Pinterest on Monday said it planned to raise as much as $1.3 billion from investors at a valuation of up to $11.3 billion, below the price of its most recent private share sale. The deal could prove to be an ominous sign for Wall Street’s interest in new tech listings” Read more.
A GROWTH SURPRISE COULD SHOCK MARKETS — WSJ’s Paul Davies: “Recession fears have captured the markets’ attention in recent weeks, but some investors say the bigger impact could be a surprise return to growth. In fact, slowdown risks may be fading already, as recent data pointed in a healthier direction for China and the U.S., the dominant forces in the global economy.” Read more.
FED REBUTS TRUMP — CNBC’s Jeff Cox: The Federal Reserve is rebutting … Trump’s assertion that tightening monetary policy is hurting the economy. In a paper published Friday, the St. Louis Fed said the central bank’s move to reduce the level of bonds on its balance sheet — ‘quantitative tightening’ as it has become known — will not have any noticeable negative impact on growth.” Read more.
MORE NAFTA, MORE PROBLEMS — Bloomberg’s Josh Wingrove: “Canada is ratcheting up pressure on the U.S. to lift tariffs on steel and aluminum — threatening to hold up the new continental trade deal and change up its own retaliatory tariffs to have a bigger impact.” Read more.
GOLDMAN PUSHES DIVERSITY EFFORTS — Bloomberg’ Sridhar Natarajan: “Goldman Sachs Group Inc. is expanding the mandate of a diversity initiative it rolled out last year to include people of color as it looks to channel more money toward under-served entrepreneurs.” Read more.
SEC CHIEF RAISES CONCERNS ABOUT RISKY LENDING — WSJ’s Gabriel Rubin: “A top markets regulator said he was concerned about the growth of loans by banks to highly indebted companies, joining other policy makers who have highlighted risks that leveraged loans could pose to financial markets. Read more.
FED LOOKS TO CHANGE BANK REGS — AP’s Martin Crutsinger: “The Federal Reserve on Monday put forward two proposals to modify regulations put in place after the 2008 financial crisis that the banking industry complained were too restrictive. The proposed regulatory changes were approved on a 4-1 vote with Fed board member Lael Brainard opposing the changes. She said they ‘would weaken important safeguards’ put in place after the crisis..” Read more.
GOLDMAN WEIGHS ‘WORLD WITHOUT BUYBACKS’ — Bloomberg’s Lu Wang: “With political scrutiny of stock buybacks growing, Goldman Sachs started assessing an extreme scenario: ‘a world without buybacks.’ The picture doesn’t look pretty. That’s because corporate demand has far exceeded that from all other investors combined, according to strategists led by David Kostin. Since 2010, net buybacks averaged $420 billion annually, while buying from households, mutual funds, pension funds and foreign investors was less than $10 billion for each, Federal Reserve data compiled by Goldman showed.” Read more.
Transitions — Leigh Farris will be global head of corporate communications at The Carlyle Group. She previously was a managing director at Goldman Sachs.
NEW ON THE BOOK SHELVES — Investor David L. Bahnsen’s new book “The Case for Dividend Growth – Investing in a post-crisis world” is available now on Amazon … The latest book from the Mercatus Center’s Tyler Cowen “Big Business: A Love Letter to an American Anti-Hero” is also out now on Amazon.
TRUMP TO NOMINATE NCUA CHAIR — Per release: President Donald J. Trump has designated Rodney E. Hood as the eleventh Chairman of the National Credit Union Administration Board. Read more.
** A message from the Financial Services Forum: The Financial Services Forum represents the eight largest and most diversified financial institutions headquartered in the United States. Our banking institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities. We foster deep and liquid capital markets that allow the U.S. government and private institutions to finance public spending and investment. Our banks have substantially increased our capital and liquid resources, and worked with regulators to significantly enhance the safety of the financial system. America’s largest banks are strongly positioned to support U.S. workers and businesses. Learn more about the Forum and how our members’ 1 million employees serve our economy and communities. Follow us on Twitter @fsforum, LinkedIn, and online at: www.fsforum.com. **
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from RSSMix.com Mix ID 8312273 https://hashtaghighways.com/2019/04/10/mnuchin-to-face-a-brutal-grilling/
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Mnuchin to face a brutal grilling
Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. To learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services, click here.
Mnuchin preview — Treasury Secretary Steven Mnuchin is in for a brutal grilling this afternoon before the House Financial Services Committee. MM spoke to Cap Alpha’s Ian Katz about what to expect: “[Dems] are going to be very aggressive. They haven’t really had a shot at him like this. And we’ve got the tax return issues and sanctions on Russia and the Fed nominees.
Story Continued Below
“I do think the GSEs will come up and how hard they are going to push on that. These hearings are rarely about international issues [as they are billed to be]. To be a success, Mnuchin will just have to not say anything that angers President Trump, which means he is certainly going to anger committee Democrats.” (Mnuchin testifies early in the day before House Appropriations subcommittee)
Could the GOP stand up to Trump on the Fed? — Our Victoria Guida writes here about the possibility that Senate Republicans, who generally give President Trump what he wants, could draw the line at his efforts to influence Federal Reserve policy:
“[I]nterviews with numerous influential Republicans in the Senate and House show an overwhelming faith in the Fed under Powell.”
Is the Fed in full retreat? — Tim Clark, who started the stress tests for Too Big to Fail banks at the Fed writes in a new POLITICO op-ed that the central bank is unilaterally disarming: “After nine years of pitched battle with the banks over stress tests, the Fed has decided to retreat and, in the process, weakened its capacity to hold them accountable for dangerously bad practices.” Read more.
** A message from the Financial Services Forum: · Achieving the American dream requires a strong financial partner. Whether it’s buying a car, closing on a new home or simply saving for the future, large U.S. banks are a stable source of credit for families and consumers. Learn more. **
GOOD TUESDAY MORNING — Well, that turned into quite an NCAA title game! Congrats to UVA and POLITICO’s Marty Kady! … Email me on [email protected] and follow me on Twitter @morningmoneyben. Email Aubree Eliza Weaver on [email protected] and follow her on Twitter @AubreeWeaver.
THIS MORNING ON POLITICO PRO FINANCIAL SERVICES — Victoria Guida on the Federal Reserve’s proposal that would give large banks more time to update their contingency plans for how to break themselves up in the event of bankruptcy. To get Morning Money every day before 6 a.m., please contact Pro Services at (703) 341-4600 or [email protected].
HAPPENING TODAY — POLITICO PLAYBOOK authors JAKE SHERMAN and ANNA PALMER’s new book “The Hill to Die On” is in stores everywhere today. They will sit down with NYT’S MAGGIE HABERMAN tonight at Community Theater in Brooklyn at 7:30 to talk about the book, and news of the day. The event. Order the book.
MM RANT SECTION — Via Wall Street veteran and Brown economics professor Larry Rand: “As for Bernie and AOC, how can you support MMT yet rail against the so-called “bailout” of the financial system in 2008-2009? What hypocrisy!”
President Trump meets with Egyptian President Abdel Fattah el-Sisi … House Financial Services subcommittee has a hearing at 10:00 a.m. on the Community Reinvestment Act … Mnuchin testifies before the full Financial Services Committee at 2:00 p.m. … NFIB small business report at 6:00 a.m. expected to tick down to 101.6 from 101.7.
EARLY BANK HEARING PREP — Tons of chatter already about Wednesday’s big bank CEO hearing. Via Compass Point’s Isaac Boltansky: “If you are looking for a nuanced consideration of the regulatory regime for the nation’s largest banks, we recommend looking elsewhere. This hearing is likely to be more politics than policy given the combination of bright lights and populist undercurrents.”
MM EXCLUSIVE FIRST LOOK — Better Markets will be out today with a report ahead of the hearing entitled: “The RAP Sheet for Wall Street’s biggest banks’ crime spree.” Per release: “The Report released today details, for the first time, that, of the more than $29 trillion in total bailouts, the six biggest banks in the country (Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo) received more than $8.2 trillion, or nearly one-third of the total bailouts provided to the entire financial system” Full report.
The bankers will argue by contrast that they are much better capitalized and that post-crisis regulatory reforms have done nothing to make the system less safe. They will also argue that record profits does not mean more risk.
POLL BLAST: BIDEN STILL ON TOP — Our Steven Shepherd: “The spate of negative stories about Joe Biden’s interactions with women hasn’t upended the former vice president’s standing as presumptive 2020 Democratic frontrunner, according to the first national poll of the presidential field conducted since the controversy erupted.”
More on Mnuchin — Larry Summers in WaPo argues that the IRS chief has to release Trump’s tax returns and Mnuchin must not stop him.
Via CAP’s Gregg Gelzinis: “Secretary Mnuchin should be held accountable for casting aside the FSOC’s mission by deregulating the remaining nonbank SIFIs, making it more difficult to use the Council’s tools, and dismantling its institutional capabilities from within. The financial system is less resilient today as a direct result of his actions.”
S&P 500 EKES OUT GAIN — AP’s Stan Choe: “U.S. stock indexes took a round trip Monday, erasing their early-morning losses to end the day close to where they started. The S&P 500 eked out a small gain, enough to prolong its winning streak to eight days, its longest in a year and a half. But the Dow Jones Industrial Average ended lower due to another big loss for Boeing. ”Read more.
FAANG’S RALLY HAS INVESTORS CASHING OUT — Bloomberg’s Sarah Ponczek: “After a three-month rally that’s added more than $800 billion to the value of FAANG stocks, individual investors have decided it’s time to cash out of the high-flying names..” Read more.
PINTEREST SEEKS $11.3B VALUATION — FT’s Nicole Bullock, Hannah Murphy, Richard Waters and Tim Bradshaw: “Online scrapbooking site Pinterest on Monday said it planned to raise as much as $1.3 billion from investors at a valuation of up to $11.3 billion, below the price of its most recent private share sale. The deal could prove to be an ominous sign for Wall Street’s interest in new tech listings” Read more.
A GROWTH SURPRISE COULD SHOCK MARKETS — WSJ’s Paul Davies: “Recession fears have captured the markets’ attention in recent weeks, but some investors say the bigger impact could be a surprise return to growth. In fact, slowdown risks may be fading already, as recent data pointed in a healthier direction for China and the U.S., the dominant forces in the global economy.” Read more.
FED REBUTS TRUMP — CNBC’s Jeff Cox: The Federal Reserve is rebutting … Trump’s assertion that tightening monetary policy is hurting the economy. In a paper published Friday, the St. Louis Fed said the central bank’s move to reduce the level of bonds on its balance sheet — ‘quantitative tightening’ as it has become known — will not have any noticeable negative impact on growth.” Read more.
MORE NAFTA, MORE PROBLEMS — Bloomberg’s Josh Wingrove: “Canada is ratcheting up pressure on the U.S. to lift tariffs on steel and aluminum — threatening to hold up the new continental trade deal and change up its own retaliatory tariffs to have a bigger impact.” Read more.
GOLDMAN PUSHES DIVERSITY EFFORTS — Bloomberg’ Sridhar Natarajan: “Goldman Sachs Group Inc. is expanding the mandate of a diversity initiative it rolled out last year to include people of color as it looks to channel more money toward under-served entrepreneurs.” Read more.
SEC CHIEF RAISES CONCERNS ABOUT RISKY LENDING — WSJ’s Gabriel Rubin: “A top markets regulator said he was concerned about the growth of loans by banks to highly indebted companies, joining other policy makers who have highlighted risks that leveraged loans could pose to financial markets. Read more.
FED LOOKS TO CHANGE BANK REGS — AP’s Martin Crutsinger: “The Federal Reserve on Monday put forward two proposals to modify regulations put in place after the 2008 financial crisis that the banking industry complained were too restrictive. The proposed regulatory changes were approved on a 4-1 vote with Fed board member Lael Brainard opposing the changes. She said they ‘would weaken important safeguards’ put in place after the crisis..” Read more.
GOLDMAN WEIGHS ‘WORLD WITHOUT BUYBACKS’ — Bloomberg’s Lu Wang: “With political scrutiny of stock buybacks growing, Goldman Sachs started assessing an extreme scenario: ‘a world without buybacks.’ The picture doesn’t look pretty. That’s because corporate demand has far exceeded that from all other investors combined, according to strategists led by David Kostin. Since 2010, net buybacks averaged $420 billion annually, while buying from households, mutual funds, pension funds and foreign investors was less than $10 billion for each, Federal Reserve data compiled by Goldman showed.” Read more.
Transitions — Leigh Farris will be global head of corporate communications at The Carlyle Group. She previously was a managing director at Goldman Sachs.
NEW ON THE BOOK SHELVES — Investor David L. Bahnsen’s new book “The Case for Dividend Growth – Investing in a post-crisis world” is available now on Amazon … The latest book from the Mercatus Center’s Tyler Cowen “Big Business: A Love Letter to an American Anti-Hero” is also out now on Amazon.
TRUMP TO NOMINATE NCUA CHAIR — Per release: President Donald J. Trump has designated Rodney E. Hood as the eleventh Chairman of the National Credit Union Administration Board. Read more.
** A message from the Financial Services Forum: The Financial Services Forum represents the eight largest and most diversified financial institutions headquartered in the United States. Our banking institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities. We foster deep and liquid capital markets that allow the U.S. government and private institutions to finance public spending and investment. Our banks have substantially increased our capital and liquid resources, and worked with regulators to significantly enhance the safety of the financial system. America’s largest banks are strongly positioned to support U.S. workers and businesses. Learn more about the Forum and how our members’ 1 million employees serve our economy and communities. Follow us on Twitter @fsforum, LinkedIn, and online at: http://www.fsforum.com. **
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@honestmagpie
Headcanon that Cass’ general solution to her brothers being upset about something is to spar with them. On one level, the physical activity helps them work through the anger. On an another, getting soundly beaten leads to a certain level of humility that lead to them actually talking. It’s also the only time they’ll go all out in a spar which she personally enjoys. She also enjoys beating up her brothers, just a lil.
Cass to her brothers: Get your ass handed to you and maybe you’ll calm down
#prev tags:#previous tags:#we’re taking about the girl#who faced her fear of death by getting killed#she would 100% see getting beat in a fight#as a good solution to your problems#dick being angsty?#Cass is dragging him over to a mat#Jason seeing green?#Cass is hovering in crime alley until he fights her#Tim on a ranting spree?#Cass has his Bo staff#Damian is just constantly being put on his ass#he doesn't even look at her and she's judo flipping him over the coffee table#with love
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